SOLD – $10.00 – 1854-O Large Date PCGS AU53 CAC

1854O_10_lgdt_P53_CAC.jpg
1854O_10_lgdt_P53_CAC.jpg
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SOLD – $10.00 – 1854-O Large Date PCGS AU53 CAC

2,950.00

Serial Number 98614.53/33068323

PCGS Lookup Number 98614

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Large Date variety, designated by PCGS.

Varieties of 1854-O eagle exist with a Small Date and Large Date punch. The latter is actually the more available of the two although the Small Date is commonly believed to be seen more often. The 1854-O Large date is seen with some regularity in AU50 to AU55 but not often with natural color and choice surfaces.

In my opinion, this coin is actually closer to grading AU55 than AU53 as it is lustrous, clean and choice. It shows some weakness of strike on the radial lines in the stars which should not be confused with wear. A small mark along the eagle’s neck is the only abrasion worthy of description.

Only two PCGS AU53′s have been sold at auction since 2009 and the last, not approved by CAC, realized $2,820 as Heritage 1/13: 7326.

Great value at under $3,000!

CAC has approved six in this grade with 11 finer.